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ig Cure and Little Cure are both pharmaceutical companies. Big Cu blockbuster drug before the Food and Drug Administration (FDA)Cred, h approved, Big Cure's blockbuster

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ig Cure and Little Cure are both pharmaceutical companies. Big Cu "blockbuster" drug before the Food and Drug Administration (FDA)Cred, h approved, Big Cure's blockbuster drug will produce $1 billion in net in Cure has 10 separate less important drugs before the FDA waiting of Little Cure's drugs would produce $100 million in net income for Little the FDA approving a drug is 50%. Which pharmaceutical company faces less risk and why? presently has a potential dministration (FDA) waiting for approval. If for approval. If approved, each Cure. The probability of

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